VNET Group, Inc. (VNET)

Market Cap	1.00B
Revenue (ttm)	1.13B
Net Income (ttm)	-320.55M
Shares Out	266.97M
EPS (ttm)	-1.47
PE Ratio	n/a
Forward PE	59.28
Dividend	n/a
Ex-Dividend Date	n/a

Volume	2,554,901
Open	3.750
Previous Close	3.700
Day's Range	3.650 - 3.830
52-Week Range	1.390 - 4.500
Beta	-0.28
Analysts	Strong Buy
Price Target	4.60 (+22.34%)
Earnings Date	Nov 20, 2024

About VNET

VNET Group, Inc., an investment holding company, provides hosting and related services in China. The company offers managed hosting services consisting of managed retail services, such as colocation services that dedicate data center space to house customers’ servers and networking equipment, as well as allow customers to lease partial or entire cabinets for their servers; interconnectivity services that allow customers to connect their servers; and value-added services, including hybrid IT, bare metal, firewall, server load balancing, data bac...

• Industry: Information Technology Services
• Sector: Technology
• IPO Date: Apr 21, 2011
• Employees: 3,038
• Stock Exchange: NASDAQ
• Ticker Symbol: VNET
• Website: https://www.vnet.com

Financial Performance

In 2023, VNET Group's revenue was 7.41 billion, an increase of 4.92% compared to the previous year's 7.07 billion. Losses were -2.64 billion, 240.7% more than in 2022.

Financial numbers in CNY

Analyst Forecast

According to 3 analysts, the average rating for VNET stock is "Strong Buy." The 12-month stock price forecast is $4.6, which is an increase of 22.34% from the latest price.

Price Target

$4.6

(22.34% upside)

Analyst Consensus: Strong Buy